Analysts had expected that growth in the final quarter of 2012 would come in sluggish, warning about a temporary pullback after Hurricane Sandy, but no one had forecasted that it would actually contract 0.1%, the first outright decline since 2009. A look at the data revealed that this was due … Continue reading
Having finally made it through the 2012 US elections, one wonders whether 2+ years of campaigning and billions of dollars spent were worth it. President Obama won reelection to a second term, while the Democrats and Republicans maintained control of the Senate and House of Representatives, respectively, albeit with smaller … Continue reading
Cathy P. ” Lisa has proven to be invaluable in helping me understand the finances of my marriage.” I discovered Lisa Kaess through her Feminomics videos on the internet when I was in the beginning stages of a difficult and complex divorce process. Lisa has proven to be invaluable in … Continue reading
Anna D. “Lisa was a great coach and support through a daunting position.” I met Lisa a few years back and when I heard about Feminomics we reconnected. It was at a time when I really needed advice on how to transition my finances in accordance with my changing life. … Continue reading
**Crying Wolf? or Meet me in the (Foggy) Bottom The Sequester is here. The sky has not fallen – in fact, the DJIA has hit a new all-time high. Has the President been crying wolf? The quick and dirty answer is this: 1) people have tired of DC drama and … Continue reading
Feelin’ Good Case by Kaess Commentary Oct. 5, 2012 It’s a new month and a new quarter and some folks are feelin’ good. The benchmark US Dow Jones Industrial Average hit a 5 year-high, buoyed by large drop in the jobless rate to 7.8%, the lowest level since President Obama … Continue reading
It’s been nearly a fortnight since Federal Reserved announced what has become known as QE3 – (a third round of quantitative easing) to support economic growth. In the FOMC statement, policymakers explained that they undertook the action because of concerns that the economy would not gain the momentum necessary to generate jobs. … Continue reading
Previously I wrote about growth and how the current downturn fits into historic context. This month we’ll discuss inflation, the other key anchor of economic policy. Inflation is defined as a process of rising prices for goods and services. The inflation rate measures this change using a basket of essentials like … Continue reading
How do you tell the difference between a recession and a depression, asks the joke? A recession is when a neighbor loses their job; a depression is when you lose yours. Seriously, how do we define a recession? The ‘quick and dirty’ definition is two consecutive quarters (or six months) … Continue reading
